Charleston Medical Society Foundation
- Assets
- $19.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Mount Pleasant, SC
- Founding
- 01/2012
- Data as of
- 06/2022
- EIN
- 45-2646828
Organization Overview
Charleston Medical Society Foundation is located in Mount Pleasant, SC. The organization was established in 2012. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Charleston Medical Society Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Charleston Medical Society Foundation generated $10.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (74.9%) each year. All expenses for the organization totaled $9.8k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (75.8%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE CORPORATION IS ORGANIZED AND OPERATED TO PROMOTE THE MEDICAL WELL-BEING OF THE PEOPLE IN THE GREATER CHARLESTON AREA THROUGH SUPPORT OF COMMUNITY HEALTH INITIATIVES, MEDICAL EDUCATION, CLINICAL RESEARCH, AND EQUAL ACCESS TO QUALITY HEALTHCARE FOR ALL MEMBERS OF THE COMMUNITY
Describe the Organization's Program Activity:
Part 3
WE DISTRIBUTED $672,334 TO NATIONAL JAR FOR THE PURPOSE OF SECURING PERSONAL PROTECTIVE EQUIPMENT (PPE) FOR INDEPENDENT PHYSICIANS IN SC WHO WERE UNABLE TO PURCHASE THIS MUCH-NEEDED SAFETY EQUIPMENT ELSEWHERE.
DISTRIBUTED FUNDS FROM BOEING CHILDREN'S WELLNESS PROGRAM TO THE SCHOOL HEALTH COMMITTEES THAT MET CERTAIN WELLNESS CRITERIA.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dana Holladay Administrator | 15 | $0 | |
Cleave Ham MD President Elect | 1 | $0 | |
Marcelo Hochman MD President | 1 | $0 | |
Marta Hampton MD Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,915 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $10,915 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $791 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $9,791 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $19,931 |
| Other assets | $0 |
| Total assets | $19,931 |
| Total liabilities | $0 |
| Net assets or fund balances | $19,931 |
Grants Awarded
Over the last fiscal year, Charleston Medical Society Foundation has awarded $686,984 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
NATIONAL JAR COMPANY LLC | | | $672,334 |
VARIOUS PUBLIC SCHOOLS | | | $14,650 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Swim Across America Inc Charlotte, NC | $6,654,266 | $9,920,780 |
East Lake Foundation Inc Atlanta, GA | $69,998,744 | $30,410,500 |
Scintilla Charter Academy Inc Valdosta, GA | $15,718,556 | $7,823,461 |
Wellstar Foundation Inc Marietta, GA | $30,643,336 | $9,116,090 |
Shepherd Center Foundation Inc Atlanta, GA | $141,754,007 | $86,686 |
Camino Community Development Corporation Inc Charlotte, NC | $3,342,143 | $5,457,630 |
Make-A-Wish Foundation Of Georgia Inc Atlanta, GA | $3,516,569 | $5,599,948 |
Pbsa Community Engagement Inc Atlanta, GA | $11,515,237 | $4,451,967 |
Vertuassets Foundation Inc Alpharetta, GA | $9,269,385 | $6,216,167 |
Cherokee Preservation Foundation Inc Cherokee, NC | $54,218,085 | $8,542,068 |
Bruce Barclay Cameron Foundation Inc Wilmington, NC | $54,642,091 | $12,592,781 |
School Of Government Foundation Inc Chapel Hill, NC | $45,503,923 | $4,914,270 |